Beacon

A Proven Solution for Predicting Low and High Credit Risks 

The BEACONSM scoring system predicts the likelihood that an existing account or potential credit customer will become a serious credit risk. BEACON was developed in association withFair Isaac and built with a sample of over one million Equifax consumer credit profiles. BEACON offers these proven advantages. 

 

• Comprehensive Risk Coverage. BEACON identifies and projects the full range of serious consumer credit risks-including bankruptcies, charge-offs, repossessions, loan defaults and serious delinquencies.  
• Precise Risk Scoring. BEACON's multi-scorecard design delivers precise credit risk assessment based on the amount and depth of available credit information.  
• Easy To Use and Understand. BEACON automatically selects the appropriate targeted scorecard, so you don't have to analyze complex data. And since any score projects the same level of risk across all scorecards, BEACON results are easy to understand.  
• Faster Evaluation. BEACON helps speed the decision-making process in approving new accounts, setting credit limits, reissuing cards, cross selling to existing customers and setting debt-recovery strategies.  
• Complete File Coverage. BEACON's targeted scorecards accurately score both new or established credit files, providing thorough risk assessment coverage.  
• Low-volume Alternative. BEACON provides an excellent risk scoring solution for credit grantors who lack the volume for a custom scorecard.  
• Broader Potential Customer Base. BEACON objectively evaluates credit files having previous adverse information, helping identify the most profitable risks among consumers commonly overlooked as potential customers.  
• On-line Speed. BEACON supports on-line scoring of individual consumer files via CRT DAT, PC, system-to-system or BIPS access methods, for enhanced risk assessment speed and flexibility.  
• Off-line Value. BEACON combines easily with Equifax prescreening and account management products, offering customized decision support for solicitation strategies and portfolio review criteria.  
• Direct Access to Canada. BEACON offers direct on-line access to more than 15 million Canadian consumer credit files via Equifax's North American Link^SM option - providing comprehensive, cost effective coverage across the U.S. and Canada through a single source.

BEACON SM is a service mark of Equifax Inc.

North American Link SM is a service mark of Equifax Inc.